A downtown coworking space for nonprofits is expanding and taking on a new name.
The Nonprofit Hub announced Monday that its building at 211 N. 14th St. will change its name to Foundry in the spring.
In addition to the name change, additional space will become available to nonprofits, including a new collaboration space on the ground floor of the building and a retail coffee bar. All profits from the coffee bar will be given to the nonprofit sector.
Nonprofit Hub will remain an anchor member of the building, the organization said in a news release, continuing to provide education locally and throughout the country to the nonprofit sector.
Revo, a social impact incubator that works to help businesses become benefit companies, also will remain housed at Foundry.
Additional services will be added in 2018 with the help of a recently awarded grant from Woods Charitable Fund. A resource center will be established to offer services to nonprofits and provide real-world experience to students, especially in the areas of marketing, accounting and law.
Randy Hawthorne, executive director of Foundry and Nonprofit Hub, said the new name better reflects the work taking place within the building, including socially conscious for-profit businesses using the space.
“We’ve always subscribed to an Impact Pact, allowing profit businesses to work from the space. But we quickly discovered our brand was limiting to the type of collaboration we’re interested in doing,” Hawthorne said in a news release. “Changing the name to be more inclusive allows us to reach more people wanting to make a difference in our community,” he said.
The Nonprofit Hub was established in 2011 as an online resource and expanded in 2015 with the opening of offices in the building at 211 N. 14th St.